Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero growth. This really missing expectations that prices would rise 0. 1 if also inflation is decelerating from the previous month of june. Core cpi take out oil prices, and you get a rise of 0. 7 , in line with estimates, and slight acceleration from the previous month. We have seen brent crude prices recover somewhat from aprils slump but still down 38 year on year also. The are also expecting tokyo Inflation Numbers within the hour so take a look at what japanese futures are doing at the moment.
Factor, tax cuts. A deal in the senate looks very likely. Yes, there is lastminute bargaining but all 52 republican senators including john mccain voted to get on with the debate. That is a positive signal. President trump in full Campaign Mode in missouri yesterday pushing a tax deal hard. He says tax cuts pour rocket fuel on the economy. Oh, the crowd loved it. Thats our show today. 24,000 on the dow, tax cuts and a liveaction presidency. Varney company is about to begin. Senator claire mccaskall, is doing a tremendous disservice, she wants taxes to go up, shes weak on crime, shes weak on borders, shes weak on illegal immigration and shes weak on the military, other than that, i think shes doing a fantastic job. [laughter] stuart that the way you get a democrat senator to vote with you as a republican . He took you could te he took a shot right at missouri senator claire mccaskall, shes a democrat. The debate on tax bill is under way. A number of senators still have concern but surel
To northbound 101. Your ride from hellyer to san antonio in the green. Caltrans wrapping up overnight roadwork along 160. They have been doing this every night between Sherman Island road and highway 12. So again, they will likely be out there tomorrow morning until about 6 a. M. Your average speed around that stretch was about 30 miles per hour. So things looking much better and back in the green. And lets toss it over to roberta. Hows it going to be today . Its going to be nice today, very comfortable. A beautiful summer day here in the bay area. 6 01. Live weather camera looking towards Yerba Buena Island. You can see the bright lights of the port of oakland. The alameda estuary, breeze on pier 9 fluctuating at 8 miles per hour. 61 in redwood city. Marine layer 2500 feet deep. Well see clearing back to the coast. Anything west of mount davidson, colma, right around daly city, you will see the low clouds all day long. Otherwise, 60s, 70s into the 80s. Well talk about the full forecas
100 people on the tourist avenue las ramblas. Good morning on this very sad friday lets keep you up to date with the latest coming out of spain counter tr rerror forces are investigating multiple attacks around barcelona six civilians and one Police Officer were hurt in cambrils. Attackers ran them over in a car before police shot dead five suspects in the northeastern spanish city police say it was related to the earlier attack in barcelona and that the five attackers were wearing fake explosive belts when they were killed. In Barcelona Police arrested a third man in connect shun with a terrorist attack that killed 13 people and injured over 100 many of them seriously a van crashed into pedestrians in las ramblas the driver of the van sped through approximately 500 meters of a wide walkway in one of the busiest tourist destinations in the city isis claimed responsibility for the attack, but produced no evidence to support the claim. And there appeared to have been further attacks in t
University of iowa students are starting early to improve the relationship between police and the communit. Community. Students invited local Police Officers to participate in a public discussion yesterday. The goal is to break down barriers and better understand organizers of the thin line between black and blue event say they have to start the conversation early to build healthy relationships. Without us understanding the logistics of what they go through then how can we wedge the gap . Without them understanding the history of students and black americans have gone through. Wedge the say they have to do more than talk. Actions have to be taken in order to truly see change. A federal judge has now closed a hearing in the racefueled Charleston Church shooting case involving suspect dylann roof. Roof. The 22yearold is facing federal hate crimes and other charges in the Church Massacre last year that killed 9 black parishioners. A judge ruled late last night that closing todays hearing